Form 4: Old Republic International Corp: Officer Exercises Stock Options and Sells Shares
SEC Form 4
Carolyn Monroe, SVP at Old Republic International Corp, exercised stock options and sold shares on May 1, 2025, according to a Form 4 filing.
Summary
- On May 1, 2025, Carolyn Monroe, SVP of Title Insurance at Old Republic International Corp, executed transactions involving the company's common stock.
- Monroe exercised stock options to acquire 29,970 shares at $22.31 and 19,314 shares at $27.29.
- She also sold 10,601 shares at a weighted average price of $37.38.
- The transactions resulted in an adjusted beneficial ownership of 35,755 shares of common stock directly held, and 1,326 shares held indirectly through ORI 401K.
- The filing also indicates that 22,580 and 16,103 shares were withheld by the issuer for payment of the exercise price and tax withholdings.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal given the volume of shares traded relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 03/16/2024 | Date when 2023 Employee Stock Option grant becomes exercisable in three equal annual installments |
| 03/06/2025 | Date when 2024 Employee Stock Option grant becomes exercisable in three equal annual installments |
| 05/01/2025 | Date of the reported transactions: exercising stock options and selling shares |
| 05/05/2025 | Date of the Form 4 filing |
| 03/16/2033 | Expiration date of the 2023 Employee Stock Option |
| 03/06/2034 | Expiration date of the 2024 Employee Stock Option |
Keywords
Form 4, Stock Options, Beneficial Ownership, ORI, Old Republic International Corp, Carolyn Monroe, Executive Compensation, Insider Trading
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